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Banking & Finance - Capital Markets: Debt

Allen & Overy advises international banking syndicate on a successful bond issue by Deutsche Bank Aktiengesellschaft

25 Jan 2017

Allen & Overy LLP advised a banking syndicate comprising Deutsche Bank AG, London Branch, Banca IMI S.p.A., Banco Popular Español S.A., ING Bank N.V. and Lloyds Bank plc as joint lead managers and 35 further banks as co-lead managers on a successful EUR 1.5 billion bond issue by Deutsche Bank Aktiengesellschaft.  The bond pays interest at a rate of 1.50 % p.a. and matures on 20 January 2022 (ISIN: DE000DL19TA6).

Inhouse adviser at Deutsche Bank Aktiengesellschaft was Tim Pätzold.

Heuking Kühn Lüer Wojtek advises 7C Solarparken on capital increase and convertible bond issue

25 Jan 2017

With a team led by capital market lawyer Dr. Thorsten Kuthe, partner at the Cologne office, Heuking Kühn Lüer Wojtek advised 7C Solarparken AG on a capital increase and a convertible bond issue.
 
The capital increase is made against cash contributions in exclusion of shareholders' subscription rights. The issue price per share is EUR 2.30. 7C Solarparken intends to use the funds from the capital increase of some EUR 1.7 million to continue its growth path and to sustainably strengthen its solid equity ratio.
 

Davis Polk Advises Sumitomo Mitsui Banking Corporation on Its $1.25 Billion Notes Offering

25 Jan 2017

Davis Polk advised Sumitomo Mitsui Banking Corporation in connection with a global medium-term note program update and a benchmark takedown, which consisted of $750 million aggregate principal amount of 1.966% senior notes due 2019 and $500 million aggregate principal amount of senior floating-rate notes due 2019, each guaranteed by SMBC’s New York branch.

SMBC is one of world’s largest commercial banks by assets.

Davis Polk Advises Sumitomo Mitsui Financial Group, Inc. on Its $2.25 Billion SEC-Registered Notes Offering

25 Jan 2017

Davis Polk advised Sumitomo Mitsui Financial Group, Inc. on its SEC-registered takedown offering of senior TLAC notes, which consisted of $750 million aggregate principal amount of 2.846% senior notes due 2022, $1.25 billion aggregate principal amount of 3.446% senior notes due 2027 and $250 million aggregate principal amount of floating-rate senior notes due 2022. The notes are structured to count as total loss-absorbing capacity (TLAC) when TLAC regulations are implemented in Japan.

Unilabs Completes €155 Million Senior Notes Offering and Incremental Term Loan Syndication

24 Jan 2017

Simpson Thacher represented Unilabs SubHolding AB (publ), a wholly owned subsidiary of Unilabs Holding AB (“Unilabs”), an Apax portfolio company, in connection with (i) a Rule 144A and Regulation S offering of €155 million aggregate principal amount of its existing 5.75% Senior Notes due 2025 (the “Notes”); and (ii) the syndication of an incremental €190 million senior term loan facility. The offering of the Notes closed on October 16, 2017.

White & Case Advises Amigo Holdings Limited on £275 Million Senior Secured Notes Offering

24 Jan 2017

Global law firm White & Case LLP has advised Amigo Holdings Limited on the offering by its wholly-owned subsidiary Amigo Luxembourg S.A. of £275 million 7.625 percent Senior Secured Notes due 2024 and the establishment of a new £57 million revolving credit facility.

"This transaction, which supports Amigo during an important phase in its growth cycle, highlights our ability to provide a comprehensive solution across products and services to our corporate clients," said London-based White & Case partner Rob Mathews, who led the Firm's deal team.

Shearman & Sterling Advises on Amigo Luxembourg S.A.’s Inaugural £275 Million High Yield Notes Offering

24 Jan 2017

Shearman & Sterling advised J.P. Morgan, Jefferies and NatWest Markets in connection with Amigo Luxembourg S.A.’s inaugural offering of its £275 million 7.625% senior secured notes due 2024. The notes are guaranteed by Amigo Holdings Limited, Amigo Loans Ltd (“Amigo Loans”), Amigo Management Services Ltd and R G Catering Limited.

Shearman & Sterling Advises Jaguar Land Rover on £300 Million High-Yield Bond Offering

24 Jan 2017

Shearman & Sterling advised Jaguar Land Rover Automotive plc on its offering of £300 million 2.75% senior notes due 2021. This offering comes a week after Jaguar Land Rover’s first euro-denominated offering and was priced at the most competitive coupon rate Jaguar Land Rover has obtained to date for a sterling-denominated offering.

CIFI Holdings (Group) Co. Ltd. $285 Million High-Yield Notes Private Placement

24 Jan 2017

Davis Polk advised the placement agents in connection with a $285 million Regulation S private placement by CIFI Holdings (Group) Co. Ltd. of its 5.5% senior notes due 2022.

Established in 2000 and headquartered in Shanghai, CIFI Holdings (Group) Co. Ltd. is engaged in the property development and property investment business in China. It has achieved a nationwide geographic coverage and a strong presence in first-tier and second-tier cities with high growth potential in China.